Modern Keyed Elevator Loft with Private Terrace in Crown Heights Welcome to apartment 405 at 1311 Pacific Street, where urban living meets modern comfort. This loft-style alcove 1-bedroom condo offers the perfect blend of style, convenience, and functionality. A private keyed elevator provides exclusive access to your home, ensuring privacy and security. Upon entering, you’re greeted by an airy, light-filled space with two exposures and a generous private terrace, ideal for relaxation or entertaining. The heart of the home features a charming exposed brick wall that adds character to the spacious living and dining area. The kitchen is equipped with butcher block countertops and sleek stainless steel appliances, creating an ideal space for culinary enthusiasts. The windowed alcove serves as a flexible bedroom area, complete with sliding doors for privacy, wardrobe system, and a windowed bathroom featuring frosted glass doors and a luxurious rainfall shower. Built with super insulating concrete forms, this loft offers superior energy efficiency and a peaceful retreat from the hustle and bustle of city life. The condo building offers practical amenities, including a fitness center, complimentary laundry facilities, video intercom, and a dedicated storage unit. Commuting is a breeze with the A/C trains just 3 blocks away and 1. 5 blocks to the LIRR, providing easy access to Manhattan, Queens, and beyond. For added convenience, Citibike stations are located right on the block. Located at the vibrant intersection of Crown Heights and Bed-Stuy, this neighborhood boasts an array of local dining, shopping, and entertainment options. Nearby attractions such as the Brooklyn Museum, Botanical Gardens, Prospect Park, and the Barclays Center make this an unbeatable location for enjoying all that Brooklyn has to offer. *421a abatement expires in 2027 **Assessment of $256. 50 per month until May 2033
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $492,000 | $492,000 | $492,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $181 | $181 | $181 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,273 | $3,270 | $4,149 |
Total Monthly Payment | $3,546 | $3,543 | $4,422 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.